The researcher investigated' accounting information system and quality of financial reports produced by commercial banks. The study was guided by three research objectives which were; to establish the different accounting information system employed by equity bank, kabalagala, to examine the qualities of financial reports produced by equity bank, kabalagala, to determine the procedures involved in financial reporting at equity bank kabalagala. The methodology involved in the use a cross sectional research design were data collected once a cross section of respondents were selected both qualitative and quantitative approaches were used in data collection and analysis. The study population constituted of 100 respondents comprising of the staff members and clients of the equity bank kabalagala branch. The data collection instruments involved the use of questionnaires and interviews. The findings reviewed that the accounting system used at the equity are managerial accounting system, computerized accounting system, inventory accounting system, industry specific accounting system. The producers used in financial reporting include entering data into the financial data base [FDB] and into the account, data is red and merged, the results are obtained after merging, determination of the balance method, results data are obtained, lastly, financial statement items are obtained. The effects of accounting information system of quality of financial reports produced by equity bank include but not limited to increasing speed of carrying out routine financial transactions, ensuring timelines that leads to timely delivery of financial reports to the top managers and facilitation of quick analysis of financial reports. The research recommended that government and the other entire stake should fully support the use of computerized accounting system and this involves investing in the sector to improve on the quality-of-service delivery in the society. Organization which under take the use of computerized accounting system should create backup of all their operations to limit the possibility of total loss in case of various attacks